Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Redevelopment Agreement Entity Name: Atlantic Street Fidelco, LLC Entity Address: 225 Millburn Avenue, Suite 202, Millburn, NJ., 07041 Sale Amount: $275,000.00 (land sale), $1.00 (easement); Cost Basis: ( ) $ PSF ( ) Negotiated ( ) N/A ( X ) Other:Fair Market Value Assessed Amount: N/A Appraised Amount: N/A Contract Period: N/A Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( X ) Private Sale ( ) Grant ( ) Sub-recipient ( ) N/A List of Property: (Address/Block/Lot/Ward) 472 Broad Street,Block 25, Lot 18 and a portion of 468-470 Broad Street, Block 25, Lot 20 (Central Ward) Additional Information: Resolution 7R3-g 070208: Settlement Agreement Bergen Clinton Market, LLC Ordinance 6PSF-e 092111: NJ Transit Sale Contract Ordinance 6PSF-d 092111: Atlantic Street Right-of-Way Ordinance 6PSF-A 050411: Pay-to-Play Policy for Developers